Business Checking & Debit
Business Plus Checking
The Business Plus Checking Account is designed for business owners with higher balances. Some fees may apply.
Features:
- Flex Savings Business Account available
- Dividends are paid on a tiered minimum balance, declared and paid monthly
- Suite of eServices
Options:
- Overdraft from Operation Line of Credit available
- Additional Overdraft Protection Services
- Daily transfers available In/Out/Both
- Visa® Debit Cards, including additional cards for authorized users
Non-Profit Business Checking
The Non-Profit Business Checking is designed for true non-profits with IRS designation.
Features:
- Dividends are declared and paid monthly
- No Monthly Fees
- No Per Item Fees
- Suite of eServices
Options:
- Overdraft Line of Credit and additional overdraft protection services
- Visa® Debit Cards, including additional cards for authorized users
Business Choice Checking
With no minimum balance requirements, Business Choice Checking is perfect for small businesses that want to hold the line on fees yet still enjoy the benefits that make business banking easier.
Features:
- No minimum balance
- Unlimited checks written/cleared
- No Dividends Paid
- Suite of eServices
Options:
- Overdraft Line of Credit and additional overdraft protection services
- Visa® Debit Cards, including additional cards for authorized users
Gold Level IOLTA Program Partner
Where you open your Interest on Lawyers' Trust Accounts (IOLTA) account matters. Maximize your contribution to legal aid programs by partnering with a financial institution offering competitive rates. HFCU is a Prime Partner, demonstrating exceptional commitment to the IOLTA Program. Our Gold Level status means we offer an annual net yield on IOLTA accounts that allows attorneys and law firms to contribute significantly to advancing access to justice for those in need within Vermont.
COMPLETE YOUR CHECKING ACCOUNT WITH eSERVICES
Your full-service checking account isn't complete without our suite of eServices. Every Business checking account has FREE access to these premium eServices:
- eBranch Online Banking from anywhere 2 at any time
- Smart Deposit
- Bill Pay
- Deposit and Loan eStatements
Upgrade your account and access these advanced services for an additional fee:
- Business ACH 3
- Remote Deposit Capture - an advanced check scanning service where businesses can use a desktop check scanner to scan checks from their offices and submit a bulk check deposit - without ever entering a branch!
Protect your business
add overdraft protection to your checking account
HFCU offers a variety of overdraft protection options to suit your needs:
- Overdraft Line of Credit
- Share Transfer
- Sweep in and out 4
Add value to your account
Additional business services complement your business account by adding benefits and functions to help run a successful and efficient business. These include:
- FREE 5 eBranch online banking
- ACH Processing 3
- Smart Deposit
- Wire Origination
- Merchant Processing - learn more about our partnership with Total Merchant Concepts
- Payroll Services
- Remote Deposit Capture
If your business could benefit from these services, please contact our Business Services team for more information!
Automatic Clearing House
Automatic Clearing House (ACH) electronic transactions make getting down to business quick and easy. Pay invoices, collect payments, take care of payroll, and more all from your eBranch digital banking by directly depositing to or withdrawing from your business account. Other ACH benefits include:
- Next business day processing for most requests submitted by 3 p.m.
- Saving money and time without needing to worry about checks, postage, and wire transfers
- Better cash flow management with scheduled transactions and automated recurring payments
- Built-in encryption, authentication, and verification to ensure safe and secure transactions
To inquire about ACH, please contact Business Services at businessservices@hfcuvt.com or 802-747-2337.
Remote Deposit Capture
Run your business without needing to run to the branch. With Remote Deposit Capture (RDC), business members are provided with a check scanner and the flexibility to deposit checks securely from the convenience of their home or office. Additional RDC benefits include:
- No per item charge for scanned checks
- Improve cash flow and make deposits on your schedule 24/7
- Keep a copy of check images for your records
- Pull and customize deposit reports for easier bookkeeping
To inquire about RDC, please contact Business Services at businessservices@hfcuvt.com or 802-747-2337.